$100,000
SOLD JUL 3, 2025

9 E 2nd St Spencer, IA 51301

2 Beds
1.5 Baths
1,860 Sq Ft
2,288 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

23% Below List Price

436 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Bathroom on Main Level
  • Wood Siding
  • Spencer Middle School Rated 9+

About This Home

As of July 2025

Business of Success! With multiple areas for offices or retail space, make it yours with this strategically located commercial property steps from the heart of downtown Spencer. Main level features remodeled & freshly painted walls with 1/2 bathroom. Generate additional fruitful monthly income from the completely remodeled residential apartment upstairs with a private entrance, 2 bedroom, full bathroom, laundry, living room and kitchen. Double your pleasure AND profit! **Owner is willing to rent. Ask for details.**

Last Agent to Sell the Property

Kelly Bierl

Hometown Realty License #B64536 Listed on: 03/20/2024

Last Buyer's Agent

Kelly Bierl

Hometown Realty License #B64536 Listed on: 03/20/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 1900

Lot Details

  • 2,288 Sq Ft Lot
  • Lot Dimensions are 44 x 52

Home Design

  • Asphalt Roof
  • Wood Siding
  • Block Exterior
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,860 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 963618132013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,450

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: No
  • Type: Single Family Residence
  • Year Built: 1900
  • Levels: Two
  • Stories: 2
  • Architectural Style: TWO STORY
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 2nd Floor Laundry
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Bathroom Description: Main Floor 1/2 Bath, Upper Level Bath
  • Full Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Basement Style: Crawl Space
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Price Per S Q F T: 53.76
  • Total Sq Ft: 1860
  • Above Grade Finished: 1860
  • Finished Sq Ft: 1860

Exterior Features

  • Construction: Concrete Block, Stick Built
  • Construction Materials: Vinyl Siding, Wood Siding
  • Flood Zone: No
  • Road Frontage Type: City Street
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Type: None

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City
  • Electric: Breakers

Lot Info

  • Parcel Number: 963618132013
  • Estimated Acres: 0.05
  • Estimated Lot Dimensions: 44 x 52
  • Lot Sq Ft: 2288

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 1450
  • Tax Classification: Commercial
  • Tax Year: 2023

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jul 2, 2025
Sold by
Kunert Properties Llc
Bought by
Yang Jinping
Seller's Agent
Kelly Bierl
Hometown Realty
Buyer's Agent
Kelly Bierl
Hometown Realty
List Price
$130,000
Sold Price
$100,000
Premium/Discount to List
-$30,000
-23.08%
Views
79
Current Estimated Value
$101,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,657
Avg. Annual Appreciation
3.72%
Original Mortgage
$70,000
Outstanding Balance
$69,882
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
Estimated Equity
$31,775

Purchase Details

Closed on
Jan 11, 2024
Sold by
Barglof Derrick
Bought by
Kunert Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 23, 2021
Sold by
Kruger George R and Kruger Carolyn
Bought by
Barglof Derrick
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100,000 None Listed On Document
Warranty Deed $100,000 None Listed On Document
Warranty Deed $65,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $70,000 Credit Line Revolving
Closed $70,000 Credit Line Revolving
Previous Owner $65,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2025 07/03/25 Sold $100,000 -23.1% $54 / Sq Ft
05/30/2025 05/30/25 Pending -- -- --
03/24/2025 03/24/25 For Sale $130,000 +30.0% $70 / Sq Ft
03/23/2025 03/23/25 Off Market $100,000 -- --
03/22/2025 03/22/25 Off Market $130,000 -- --
03/12/2025 03/12/25 Price Changed $130,000 -3.7% $70 / Sq Ft
01/20/2025 01/20/25 Price Changed $135,000 -6.9% $73 / Sq Ft
12/23/2024 12/23/24 Price Changed $145,000 -3.3% $78 / Sq Ft
03/20/2024 03/20/24 For Sale $150,000 -- $81 / Sq Ft
Source: Iowa Great Lakes Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,266 $69,270 $11,440 $57,830
2024 $1,266 $70,690 $12,320 $58,370
2023 $1,450 $83,660 $12,320 $71,340
2022 $2,056 $71,310 $12,320 $58,990
2021 $1,516 $67,190 $12,320 $54,870
2020 $1,516 $68,090 $12,320 $55,770
2019 $1,422 $63,310 $0 $0
2018 $1,434 $63,310 $0 $0
2017 $1,576 $47,420 $0 $0
2016 $2,170 $64,651 $0 $0
2015 $1,230 $58,670 $0 $0
2014 $1,196 $58,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 241337

Iowa Great Lakes Board of REALTORS®

APN: 9636-18-132-013